Labour proposals cause concerns
Football League uneasy with fans having more power
The Football League all but shut down Labour’s proposals for fans to have a voice at board level and the chance to buy 10 per cent of club shares yesterday.
Labour’s new plans, which will appear in its election manifesto, will see supporters being able to remove a minimum of two board members and replace them with their own as well as appointing up to a quarter of their club’s board which will guarantee their voices are heard by those in charge.
Fans will also be given a right to purchase up to 10 per cent of the shares whenever a stake of at least 30 per cent is put up for sale, capped at a maximum of 10 per cent of the total shareholding of the club.
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